Oracle today announced new artificial intelligence-based apps for finance, human resources, supply chain, manufacturing, commerce, customer service, marketing, and sales professionals. The new Oracle Adaptive Intelligent Apps are built into the existing Oracle Cloud Applications to deliver the industry’s most powerful AI-based modern business applications.

“The new Adaptive Intelligent Apps enable business users from across the organizations to quickly and easily take advantage of the latest advancements in artificial intelligence,” said Steve Miranda, executive vice president of applications development, Oracle. “To make this possible we have eliminated the need for more integrations and embedded AI capabilities across Oracle Cloud Applications. The new AI capabilities combine first- and third-party data with advanced machine learning and sophisticated decision science to deliver the industry’s most powerful AI-based modern business applications.”

The new Oracle Adaptive Intelligent Apps deliver immediate impact within Oracle Enterprise Resource Planning Cloud, Oracle Human Capital Management Cloud, Oracle Supply Chain Management Cloud, and the Oracle Customer Experience Cloud by providing smart and timely insights to end users. These capabilities make the decision-making process simpler and more efficient for business professionals across the organization.

Finance and Procurement Professionals: New AI-powered capabilities help streamline financial processes and technology requirements, reduce costs, modernize operations, and enhance collaboration. By analyzing historical trends and business risk data, finance and procurement professionals can derive suggested discount rates on invoices, optimize cash flow, and create the optimal balance between buyers and suppliers. They are able to enrich supplier profiles and provide optimized payment terms in real time. Using AI also gives them the ability to optimize working capital using the best supplier terms and discounts, and to build trusted relationships that drive better engagement with suppliers.

Human Resources Professionals: New AI-powered capabilities help improve talent management, provide complete workforce insights, and increase operational efficiency. By applying natural language search and deep learning technologies to resumes and job postings, HR professionals are able to find and source the best candidates. They also can determine the likelihood of success and longevity by using insights from previous recruitment engagements and current job indicators, such as sales achievement or performance ratings.

Supply Chain Professionals: New AI-powered capabilities enable organizations to rethink traditional supply chain systems to make them dynamic, efficient, intelligent, and autonomous. The capabilities in Oracle’s Supply Chain IoT applications allow supply chain professionals to manage and leverage insights from big data sources, such as connected equipment. The applications use predictive analytics and machine learning techniques to detect and analyze key signals in device data, and then to act on these insights through their associated business functions and connected processes. Whether this is predicting and preventing machine failure before it happens, auto-discovering optimal ways to segment planning data, or auto-tuning planning engines, AI-powered capabilities can transform the way supply chain professionals lead and manage the supply chain.

Manufacturing Professionals: New AI-powered capabilities enable organizations to meet production goals by enhancing the management of discrete and process manufacturing operations. The new capabilities drive factory and shop floor improvements by demonstrating how incident detection, root cause analysis, and smart resolution are performed within minutes in a connected factory.

Customer Service Professionals: New AI-powered capabilities empower customer service professionals to streamline processes and enhance the customer experience by utilizing consumer data and relevant news alerts. In addition to optimizing process around frequently asked questions, the new AI capabilities help reduce the time between request and resolution across thousands of potential questions and associated answers by leveraging deep learning technologies. This streamlines processes for customer service representatives who handle service requests by providing automated responses based on previous learnings.

Marketing Professionals: New AI-powered capabilities empower marketers with the insights needed to better understand their target audiences and optimize offers by utilizing consumer and business data. By looking across different marketing campaigns to gauge individual, group and program response rates, the new capabilities enable marketers to identify how audiences are interacting with content and the optimal pathways for future communication. This enables marketers to optimize campaign execution and results.

Sales Professionals: New AI-powered capabilities utilize business data to empower sales professionals with accurate next-step recommendations to close deals and optimize sales offers. The new capabilities also prompt themwith smart call points by pulling data from live news and event feeds to surface and prioritize key insights. These powerful insights empower sales teams with up-to-the-minute information about accounts so they are always prepared before making contact.

Adaptive Intelligent Apps are powered by insights from the Oracle Data Cloud, which is the largest third-party data marketplace in the world with a collection of more than 5 billion global consumer and business IDs and more than 7.5 trillion data points collected monthly. By applying advanced data science and machine learning to Oracle’s web-scale data and an organization’s own data, the new Adaptive Intelligent Apps can react, learn, and adapt in real time based on historical and dynamic customer data.

“The market opportunity for artificial intelligence and AI-enabled applications is substantial," says David Schubmehl, research director, Cognitive/Artificial Intelligence Systems at IDC. "We expect this to be a rapidly expanding area for both enterprise and commercial development as organizations race to embed predictive and prescriptive capabilities into their applications portfolio to deliver smarter software solutions to customers. The success of these solutions greatly depends on the quality and quantity of the ingested data which determines the resulting recommendation, action, or output delivered. Vendors with a strong foundation of first and third-party data to fuel the machine learning have a clear and distinct advantage in the market providing strong targeted AI-enabled solutions for their customers.”

The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at oracle.com.

About Oracle OpenWorld

Oracle OpenWorld, the industry's most important business and technology conference for the past 20 years, hosts tens of thousands of in-person attendees as well as millions online. Dedicated to helping businesses leverage Cloud for their innovation and growth, the conference delivers deep insight into industry trends and breakthroughs driven by technology. Designed for attendees who want to connect, learn, explore and be inspired, Oracle OpenWorld offers more than 2,500 educational sessions led by more than 2,000 customers and partners sharing their experiences, first hand. With hundreds of demos and hands-on labs, plus exhibitions from more than 400 partners and customers from around the world, Oracle OpenWorld has become a showcase for leading cloud technologies, from Cloud Applications to Cloud Platform and Infrastructure. For more information; to register; or to watch Oracle OpenWorld keynotes, sessions, and more, visit www.oracle.com/openworld. Join the Oracle OpenWorld discussion on Twitter.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Safe Harbor Disclaimer

The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle Corporation.

Statements in this article relating to Oracle’s future plans, expectations, beliefs, and intentions are “forward-looking statements” and are subject to material risks and uncertainties. Such statements are based on Oracle’s current expectations and assumptions, some of which are beyond Oracle’s control. All information in this article is current as of October 2, 2017 and Oracle undertakes no duty to update any statement in light of new information or future events.

Part of Oracle Cloud Platform, Oracle Blockchain Cloud Service delivers an enterprise-grade blockchain platform with industry leading resiliency, scalability and security. It is fully managed by Oracle and provides customers rapid provisioning and simplified operations with built-in monitoring, continuous backup, and point-in-time recovery.

“Blockchain holds the promise to fundamentally transform how business is done, making business-to-business interactions more secure, transparent, and efficient,” said Amit Zavery, senior vice president, Oracle Cloud Platform. “Oracle Blockchain Cloud Service provides enterprise-grade blockchain capabilities and is able to accelerate innovation for on-premises ERP and cloud-based SaaS and PaaS customers. Enterprises can now streamline operations across their ecosystem and expand their market reach with new revenue streams, sharing data and transacting within and outside the Oracle Cloud.”

As part of its commitment in helping enterprise customers realize the benefits of blockchain, Oracle recently joined Hyperledger. Hosted by The Linux Foundation, Hyperledger is an open source collaborative effort created to advance cross-industry blockchain technologies. By leveraging open sources and maintaining interoperability with open standards, Oracle enables customers to benefit from all open-source innovations, and avoid vendor lock-in.

Deliver business results with the ability to rapidly onboard and easily scale the network participants globally, while ensuring that operations run continually with resilience, high availability, and autonomous recoverability.

Accelerate Innovation with Oracle Cloud Applications by extending enterprise boundaries to reduce friction in existing business processes and enable new business models and opportunity to access untapped revenue streams. The Applications Integration toolkit provides integrated applications, sample code, templates and design patterns to accelerate the integration of Blockchain applications to Oracle SaaS and on premises applications suites.

Reduce risk, complexity, and increase efficiency by securely automating cross-organization transactions, and providing reliable sharing of information both inside and outside the enterprise boundary. Combined, these can help reduce transaction costs, mitigate security and privacy risks for enterprises, and simplify compliance and audits. With a pre-assembled, managed cloud platform, customers can also simplify operational complexity, dynamically change network configurations and rapidly identify and resolve issues with real-time monitoring dashboards. Furthermore, as blockchain technology rapidly evolves, Oracle plans to stay on top of the latest capabilities and helps ensure customers are not exposed to undue risk of technological churn.

Accelerate time to market with REST API-driven platform and rich integration options in Oracle Cloud Platform. Start developing blockchain applications within minutes without complex setup and provisioning, and leverage API-driven development for cloud or on-premises applications using REST API and API management service to easily invoke blockchain services directly or with pre-built integrations from Oracle Cloud.

Additionally, Oracle plans to offer Oracle BlockChain Cloud Service as part of Oracle Platform for Open Banking, and provide seamless connectivity between Oracle FLEXCUBE and other banks to enable greater security, scalability, and transparency in the information exchanged.

Validation of Out-of-the-box Connectivity and Seamless Integration

“Accenture is proud to be one of the early leaders in blockchain and assisting clients with the use of it for new and innovative solutions,” said David Treat, managing director who leads Accenture’s global blockchain practice. “Oracle’s integration capabilities and the ability to add value on top of open source technologies, like Hyperledger Fabric, make Oracle Blockchain Cloud Service a strong contender in the enterprise. Through our initial tests, we were impressed with its pre-assembled approach, ease of integration through the REST APIs, and strong focus on enterprise requirements. We look forward to leveraging the technology to offer new innovative capabilities to our clients.”

“As an early adopter of Oracle technologies, Infosys is pleased to partner on the newly launched Oracle Blockchain Cloud Service,” said Indranil Mukherjee, vice president, head of Oracle Practice, Infosys. “This will enable customers to extend their current Oracle ERP and SaaS solutions to use trusted business networks for securely conducting business-to-business transactions in real-time across their ecosystem of trading partners. Oracle’s investment in a enterprise-grade blockchain cloud platform along with Infosys' expertise in blockchain will enable Infosys customers to build more secure, transparent and efficient enterprise, and be ready to succeed in the digital economy.”

“Our collaboration with Oracle is aimed at developing a blockchain cloud service for enterprises that helps to advance the privacy of blockchain transactions and improve the interoperability of traditional databases and blockchains,” said Raejeanne Skillern, Vice President, Data Center Group and General Manager, Cloud Service Provider Group, Intel Corporation. “Intel platforms such as the recently announced Intel Xeon Scalable platform include a broad set of hardware features that help improve blockchain security and performance.”

The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at oracle.com.

About Oracle OpenWorld

Oracle OpenWorld, the industry's most important business and technology conference for the past 20 years, hosts tens of thousands of in-person attendees as well as millions online. Dedicated to helping businesses leverage Cloud for their innovation and growth, the conference delivers deep insight into industry trends and breakthroughs driven by technology. Designed for attendees who want to connect, learn, explore and be inspired, Oracle OpenWorld offers more than 2,500 educational sessions led by more than 2,000 customers and partners sharing their experiences, first hand. With hundreds of demos and hands-on labs, plus exhibitions from more than 400 partners and customers from around the world, Oracle OpenWorld has become a showcase for leading cloud technologies, from Cloud Applications to Cloud Platform and Infrastructure. For more information; to register; or to watch Oracle OpenWorld keynotes, sessions, and more, visit www.oracle.com/openworld. Join the Oracle OpenWorld discussion on Twitter.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Safe Harbor Disclaimer

The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle Corporation.

Statements in this article relating to Oracle’s future plans, expectations, beliefs, and intentions are “forward-looking statements” and are subject to material risks and uncertainties. Such statements are based on Oracle’s current expectations and assumptions, some of which are beyond Oracle’s control. All information in this article is current as of October 2, 2017 and Oracle undertakes no duty to update any statement in light of new information or future events.

Oracle Blockchain Cloud Service Now Available to NetSuite Customers and Partners
Access to Oracle Blockchain Cloud Service through SuiteCloud Platform delivers innovation of blockchain technology to NetSuite ecosystem

ORACLE OPENWORLD — SUITECONNECT — SAN FRANCISCO, Calif.—Oct 2, 2017

Oracle NetSuite, one of the world’s leading providers of cloud-based financials/ERP, HR, Professional Services Automation (PSA) and omnichannel commerce software suites, today announced the availability of the Oracle Blockchain Cloud Service for its customers and partners, enabled by API exposure through NetSuite’s SuiteCloud Platform and supported through the SuiteCloud Developer Network (SDN). With this new announcement, NetSuite’s more than 40,000 global organizations, divisions and subsidiaries, and its partners benefit from the innovation in distributed ledger applications being developed on Oracle Blockchain Cloud Service by Oracle’s partner ecosystem.

Oracle Blockchain Cloud Service is designed to increase business velocity, lower costs, and reduce risk by enabling businesses to securely extend and automate their supply chain processes, reliably conduct online transactions in trusted networks, and confidentially share data in real time with their suppliers, banks, and other trade counterparties, while providing secure audit trails of tamper-resistant business records. Oracle is working with supply chain and financial services industry customers and partners to develop next generation services to be deployed on Oracle Blockchain Cloud Service to provide faster payments, and create more efficient invoice factoring, provenance tracking, lending, onboarding, treasury & liquidity services, improved cash management services, transaction banking services and more.

NetSuite customers and partners who choose to leverage Oracle Blockchain Cloud Service are able to integrate with and consume a wide ecosystem of solutions developed by Oracle partners specifically tailored to support businesses of any size. In addition, NetSuite SDN partners are able to create blockchain applications to meet the needs of NetSuite customers.

The integration and availability of the Oracle Blockchain Cloud Service API through the SuiteCloud platform enables easy integration and fast on-boarding to blockchain services and future business networks for NetSuite’s huge global user base. This integration creates one of the largest business communities to benefit from innovative next generation applications enabled through Oracle’s cloud and distributed ledger technology and offered by Oracle’s vast partner ecosystem.

The Oracle Blockchain Cloud Service initiative is further evidence of the increased investment in new technologies that Oracle brings to the NetSuite user base.

“NetSuite is excited about Oracle Blockchain Cloud Service, and the value it could bring to our 40K+ global organizations,” said Evan Goldberg, EVP of Development at NetSuite. “We look forward to integrating access through our SuiteCloud Platform, to enable customers to easily consume blockchain-enabled financial and supply chain SuiteApps and services. With this announcement, we will empower our developer ecosystem to connect, create, and innovate in the global blockchain economy. This is a tangible benefit of being a part of Oracle family and leveraging Oracle’s investment in advanced cloud services.”

About Oracle NetSuite

Oracle NetSuite pioneered the Cloud Computing revolution in 1998, establishing the world’s first company dedicated to delivering business applications over the internet. Today, it provides a suite of cloud-based financials / Enterprise Resource Planning (ERP), HR and omnichannel commerce software that runs the business of companies in more than 100 countries. For more information, please visit http://www.netsuite.com.

The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at www.oracle.com.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Safe Harbor

The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle Corporation.

Oracle today announced a major update of Oracle Mobile Cloud, featuring artificial intelligence (AI)-powered intelligent chatbot capabilities. Expanding Oracle Cloud Platform’s leading mobile portfolio, the new capabilities offer organizations a multi-channel platform, deep analytics that can link key stakeholder experiences across bots, mobile applications and web, as well as simplified bot development features. Using this powerful portfolio, enterprises can better engage with customers and employees across today’s most popular messaging platforms.

In the rapidly expanding mobile economy, businesses are looking for smart and personalized ways to engage with customers via mobile devices. With an estimated 5 billion mobile phones used worldwide, Oracle is helping enterprises meet growing customer demand by being able to seamlessly build, integrate, and secure reliable mobile services.

“As user behavior has dramatically shifted to mobile and messaging platforms, it is critical enterprises evolve to support stakeholders’ preferred channels,” said Amit Zavery, senior vice president, product development, Oracle Cloud Platform. “By using Oracle Mobile Cloud, businesses will be able to continue strengthening these relationships, even as users might be moving away from engaging on websites and traditional mobile applications to messaging channels.”

Leveraging a powerful AI foundation comprised of machine learning, cognitive and knowledge services, dialog and context, and deep learning, the updated Oracle Mobile Cloud enables enterprises to build applications that can automate more engaging conversations at scale. For example, Oracle’s intelligent Bots use deep learning-based natural language understanding (NLU) to comprehend and determine intent of end-user conversations. It can then help companies process these conversations, integrate each with existing business application data, and automatically respond.

Oracle has also made it simple for enterprises to develop bots with the low-code Bot Builder tool. This feature provides one place to design and train NLU models, design conversational dialog flows, and set up channel and enterprise data integration. The builder allows developers to test and deploy bots using an available lifecycle management capability. In addition, the suite also introduces powerful customer experience analytics to offer deep insights into mobile and bot adoption, usage and performance to troubleshoot and personalize engagement with the end user.

Oracle’s intelligent bots can support many of today’s most popular interaction channels including messaging clients such as Facebook Messenger, Kik, Skype, Slack, and digital voice assistants such as Amazon Echo, Amazon Dot and GoogleHome. Additionally, Oracle’s intelligent bots provide native and JavaScript SDK to extend mobile and web-based applications with chat and voice capabilities via Apple Siri, GoogleVoice or Microsoft Cortana.

“Oracle Mobile Cloud has really helped us reach more customers and partners with greater efficiency,” said Ryan Klose, general manager, technology and innovations at National Pharmacies. “Our early access to the new intelligent bots capabilities is exciting as it has equipped us with a conversational channel that is more human (less business process) with our customers.”

“As an aviation aftermarket services leader, we continuously look for ways to make information easier to access and more available to the aviation industry,” said Kevin Larson, Chief Information Officer at AAR. “We consider Oracle intelligent bots a very promising new channel to interact with our employees and customers which will complement our Web and Mobile solutions in order to further empower our user community with the right information at the right time whether they are an airline or AAR executive, a buyer, an aircraft technician or a warehouse clerk.”

“With Oracle, we are actively developing a ‘channel agnostic’ technology architecture that allows us to build once and quickly apply the new capability across multiple channels,” said Michael Menendez, vice president, IT, BGE and Exelon Utilities. “Not only does this allow us to deliver solutions for emerging channels quickly, it also ensures that our customers have a consistent experience however they choose to interact with us.”

Additional features of the new Oracle Mobile Cloud Enterprise include:

Enterprise integration that allows customers to deliver real value to end users with access to back end data, user identity and transactional systems

Forrester Research named Oracle a leader in its “The Forrester Wave™: Mobile Development Platforms, Q4 2016” report, and noted its “immediate impact with over 150 customers already on the platform,” its impressive developer experience, and its vision and road map that “set the pace in this market.”

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Oracle

The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at www.oracle.com.

About Oracle OpenWorld

Oracle OpenWorld, the industry's most important business and technology conference for the past 20 years, hosts tens of thousands of in-person attendees as well as millions online. Dedicated to helping businesses leverage Cloud for their innovation and growth, the conference delivers deep insight into industry trends and breakthroughs driven by technology. Designed for attendees who want to connect, learn, explore and be inspired, Oracle OpenWorld offers more than 2,500 educational sessions led by more than 2,000 customers and partners sharing their experiences, first hand. With hundreds of demos and hands-on labs, plus exhibitions from more than 400 partners and customers from around the world, Oracle OpenWorld has become a showcase for leading cloud technologies, from Cloud Applications to Cloud Platform and Infrastructure. For more information; to register; or to watch Oracle OpenWorld keynotes, sessions, and more, visit www.oracle.com/openworld. Join the Oracle OpenWorld discussion on Twitter.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Safe Harbor

The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle’s products remains at the sole discretion of Oracle Corporation.

Statements in this article relating to Oracle’s future plans, expectations, beliefs, and intentions are “forward-looking statements” and are subject to material risks and uncertainties. Such statements are based on Oracle’s current expectations and assumptions, some of which are beyond Oracle’s control. All information in this article is current as of October 2, 2017 and Oracle undertakes no duty to update any statement in light of new information or future events.

Further expanding its new Oracle Intelligent Bots capabilities, Oracle today announced it has agreed to embed CHATBOX® Instant Apps in Oracle Mobile Cloud. With this new capability, Oracle Mobile Cloud will provide a richer, more-contextual user experience, which enables chatbots to switch seamlessly between unstructured conversation and personalized, structured data exchange.

Leveraging Chatbox technology, Oracle Mobile Cloud will now offer customers a chatbot that can deliver an interface that is appropriate to the interaction, such as an online form with pertinent information from the conversation. Supporting many of today’s most popular interaction channels, including Amazon Echo, Facebook Messenger, and GoogleHome, customers can have powerful, contextual conversations with end users through almost any platform.

For example, using Oracle Mobile Cloud with Chatbox, a consumer interacting with a bot to return a retail item would use a Chatbox Instant App. It would guide the person through a simple, personalized experience within the messaging platform to gather all relevant information—without the need for emails, downloads, or phone calls. The bot is able to collect accurate, meaningful data in a way most convenient for the customer.

“As enterprises look for ways to streamline business processes, intuitive tools designed around existing workflows are ideal ways to increase productivity and better utilize resources,” said Steve Miranda, executive vice president, Oracle Applications Product Development. “By integrating Chatbox technology into our new intelligent bots, businesses can further leverage their existing platforms to more comprehensively engage with customers and simplify processes—both for data collection and end-user actions.”

Featuring AI-powered intelligent chatbot capabilities, Oracle Mobile Cloud is helping enterprises build applications that can automate more engaging conversations at scale. The new capabilities offer organizations a multi-channel platform, deep analytics that link key stakeholder experiences across bots, mobile applications and web, as well as simplified bot development features. The addition of Chatbox Instant Apps to this powerful portfolio enables enterprises to rapidly and easily build personalized experiences to better engage with customers and employees across today’s most popular messaging platforms.

“We believe that Oracle’s Intelligent Bots, coupled with Chatbox Instant Apps, will provide companies with a significant competitive advantage in the messaging space,” said Phil Gordon, founder and CEO, Chatbox. “We are proud to work with a company like Oracle that continues to invest heavily in delivering exceptional, personalized customer experiences.”

Chatbox is a simple scalable solution for businesses to communicate with customers where they respond best—messaging. Chatbox Inc. is based in Seattle, Washington. For more information about Chatbox, please visit chatbox.com.

The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at www.oracle.com.

About Oracle OpenWorld

Oracle OpenWorld, the industry's most important business and technology conference for the past 20 years, hosts tens of thousands of in-person attendees as well as millions online. Dedicated to helping businesses leverage Cloud for their innovation and growth, the conference delivers deep insight into industry trends and breakthroughs driven by technology. Designed for attendees who want to connect, learn, explore and be inspired, Oracle OpenWorld offers more than 2,500 educational sessions led by more than 2,000 customers and partners sharing their experiences, first hand. With hundreds of demos and hands-on labs, plus exhibitions from more than 400 partners and customers from around the world, Oracle OpenWorld has become a showcase for leading cloud technologies, from Cloud Applications to Cloud Platform and Infrastructure. For more information; to register; or to watch Oracle OpenWorld keynotes, sessions, and more, visit www.oracle.com/openworld. Join the Oracle OpenWorld discussion on Twitter.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Safe Harbor

The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle’s products remains at the sole discretion of Oracle Corporation.

Statements in this article relating to Oracle’s future plans, expectations, beliefs, and intentions are “forward-looking statements” and are subject to material risks and uncertainties. Such statements are based on Oracle’s current expectations and assumptions, some of which are beyond Oracle’s control. All information in this article is current as of October 2, 2017 and Oracle undertakes no duty to update any statement in light of new information or future events.

Oracle Broadens the Market-Leading Enterprise Resource Planning Cloud to Include Expanded Geographies, More Industries and Smarter Insights
Most Complete ERP Cloud Solution Made Even Better with Innovative New Features, Significantly Enhanced User Experience, More Industry-depth and Further Country Localizations

Oracle OpenWorld, San Francisco, Calif.—Oct 2, 2017

Oracle today announced that Oracle Enterprise Resource Planning (ERP) Cloud, the cloud solution of choice for finance, procurement and project management professionals, has significantly extended the breadth and depth of the solution including the introduction of new artificial intelligence (AI)-based finance and procurement solutions.

With more than 4,500 customers in 85 countries, Oracle ERP Cloud is the complete, innovative and secure financial platform delivered seamlessly through the Oracle Cloud. Part of Oracle Cloud Applications Release 13, the latest additions to Oracle ERP Cloud include modern capabilities for Financials, Procurement, Project Portfolio Management (PPM) and Enterprise Performance Management (EPM), which enable organizations to optimize operations with adaptive intelligence and standardize business processes, while lowering cost and complexity.

Artificial Intelligence

Oracle has expanded its portfolio of artificial intelligence-based ERP applications, which enables finance and procurement experts to improve how they manage and collaborate with suppliers. New AI-powered capabilities optimize payment terms offered to suppliers and improve cash management. They also help to identify the right suppliers for specific business needs. New Adaptive Intelligent Apps for ERP, embedded within the Oracle ERP Cloud, deliver immediate impact and value for business professionals and improve business relationships with suppliers. For further details, see the Adaptive Intelligent Applications expansion announcement.

Financials

This is a family of applications designed for organizations of all sizes looking to thrive in the digital economy. It empowers modern finance experts with streamlined processes and continuous embedded insights for better control and increased productivity. New capabilities in each of the solutions include:

Revenue Management: This solution now accelerates the transition to the new accounting standards (IFRS16/ASC 842). It allows organizations to book revenue as performance obligations are satisfied and manage complex satisfaction schedules independent of billing schedules to help ensure liabilities and assets are valued at expected consideration.

Dynamic Discounting: This solution now uses real-time internal and external supplier data to evaluate suppliers and recommend the best dynamic discount candidates using machine learning. The system is fully integrated with cash flow modeling and advises to whom and when to offer dynamic discounts for the best return.

Procurement

This family of applications is designed to reduce costs and risks across the source-to-settle process. New enhancements include improved supplier management, sourcing and purchasing via streamlined processes, electronic signature integration and innovative sourcing programs.

Self-service procurement: The user experience of this solution has been completely redesigned to match modern consumer shopping experiences.

Mobile Self Service Procurement: This cloud solution now provides policy compliant spending by an increasingly mobile workforce to boost an organization’s efficiency and savings.

Project Portfolio Management

This family of applications delivers new and enhanced capabilities to make staffing easier and less time-consuming for project managers, advanced grants management across multiple fund sources for Higher Education and Public Sector verticals, and streamlined project creation.

Project and Resource Management: This solution has been enhanced with a new intuitive mobile task management. It includes lifecycle gates and approvals and resource management optimizations to maintain multiple resource schedules and mass resource assignments. These enhancements drive project management efficiency and collaboration whether at a desk or in the field.

Grants Multi-Funding: This solution now supports complex, multi-funded projects, allowing for multiple awards/funding sources, control over project costs by funding source, and support for internal or external funding sources.

Enterprise Performance Management

The latest additions to this family of applications include new offerings for tax reporting, and profitability and cost management, as well as new strategic modeling and disclosure management capabilities.

Tax Reporting: This solution now streamlines tax data collection and analysis for direct tax reporting. It also enables global organizations to manage complex tax provisions, as well as the OECD’s new country-by-country reporting (CbCR) requirements through automation.

Profitability and Cost Management: This solution now enables business users to take ownership of allocation-based business processes such as customer/product profitability, management allocations, and shared services costing.

“Oracle ERP Cloud is the only enterprise-grade solution on the market with the breadth, depth, security, scalability and cutting-edge innovations to meet customers’ business needs,” said Rondy Ng, senior vice president, Oracle Applications Development. “Our focus on innovation, investments in industry specific capabilities, and strength in flexible and modular adoption methods, helps our customers across size, industry and geography to grow, transform and compete.”

The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at www.oracle.com.

About Oracle OpenWorld

Oracle OpenWorld, the industry's most important business and technology conference for the past 20 years, hosts tens of thousands of in-person attendees as well as millions online. Dedicated to helping businesses leverage Cloud for their innovation and growth, the conference delivers deep insight into industry trends and breakthroughs driven by technology. Designed for attendees who want to connect, learn, explore and be inspired, Oracle OpenWorld offers more than 2,500 educational sessions led by more than 2,000 customers and partners sharing their experiences, first hand. With hundreds of demos and hands-on labs, plus exhibitions from more than 400 partners and customers from around the world, Oracle OpenWorld has become a showcase for leading cloud technologies, from Cloud Applications to Cloud Platform and Infrastructure. For more information; to register; or to watch Oracle OpenWorld keynotes, sessions, and more, visit www.oracle.com/openworld. Join the Oracle OpenWorld discussion on Twitter.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Safe Harbor

The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle’s products remains at the sole discretion of Oracle Corporation.

Statements in this article relating to Oracle’s future plans, expectations, beliefs, and intentions are “forward-looking statements” and are subject to material risks and uncertainties. Such statements are based on Oracle’s current expectations and assumptions, some of which are beyond Oracle’s control. All information in this article is current as of October 2, 2017 and Oracle undertakes no duty to update any statement in light of new information or future events.

Oracle today announced new additions to the Oracle Human Capital Management (HCM) Cloud portfolio. Part of Oracle Cloud Applications Release 13, the latest release of Oracle HCM Cloud introduces three new applications, major user experience enhancements, and extensions to existing HR modules. New innovations include powerful artificial intelligence (AI)-based recruiting features, as well as new health and safety and governance and risk capabilities.

To successfully manage and retain the best talent, organizations need access to the right technology to optimize the employee experience and anticipate and respond to changing workforce needs. The latest release of Oracle HCM Cloud empowers HR professionals to meet this challenge by combining all major HR functions on one platform to enable collaboration, optimize talent management, provide complete workforce insights, increase operational efficiency, and make it easy for everyone to connect on any device.

“The latest additions to Oracle HCM Cloud incorporate simple but powerful features that enable organizations to leverage the latest innovations to anticipate and plan for the future,” said Chris Leone, senior vice president, Oracle Applications Development. “By combining innovations in artificial intelligence (AI) and user experience with major enhancements to core HR modules, we are able to help HR leaders drive digital transformation and positive business outcomes.”

Oracle HCM Cloud has been at the forefront of AI technologies with earlier investments in predictive analytics and machine learning, which are already used to power recommendations used in Career Development and Oracle Learning Cloud. In this latest release, Oracle is extending the power of AI to inform recruitment efforts in the following ways:

Candidates can access helpful chatbots to discover more information about positions of interest and the company’s recruiting process, helping increase candidate engagement and conversion.

Algorithmic insights help users make better decisions throughout the application, from highlighting best-fit candidates to hiring managers, suggesting other possible career opportunities for candidates, and predicting candidate offer acceptance to recruiters. Oracle AI leverages company talent data, as well as candidate information, to guide the process and improve the likelihood of success.

With the latest release of Oracle HCM Cloud, Oracle is making the industry’s broadest cloud-based human capital management suite more powerful and easy to use. New products included in the latest release of Oracle HCM Cloud are:

Oracle Recruiting Cloud: A new recruiting solution built natively on Oracle HCM Cloud, Oracle Recruiting Cloud provides more robust sourcing and comprehensive recruiting capabilities. Recruiting organizations will be able to drive proactive campaigns and identify future pipelines of talent ahead of demand. Internal employee candidates will be able to benefit from increased access to internal opportunities and potential career paths available in a company to see how they fit with existing skills, career preferences and new learning opportunities available to increase their likelihood of success at a company. External job candidates can access helpful chatbots to discover more information about positions of interest and the company’s recruiting process to help increase candidate engagement and conversion. Human resources information technology (HRIT) organizations will benefit from the streamlined administration and ongoing maintenance that comes with everything being on a common platform, helping to eliminate challenges of account management, single sign-on, data integrations and reporting. All users will benefit from new algorithmic data surfacing and chatbots that help improve recommendations and overall decision support.

Workforce Health and Safety Incident Management: Provides organizations with a quick and easy-to-use solution to manage accidents or unsafe conditions in order to best align with organizational safety goals. Features include incident management, capturing critical event information with tailored data based on the type of incident reported, ability to track actions to remediate the root cause of the safety issue, safety dashboards, and reporting support to help ensure proper action is taken and is compliant with Occupational Safety and Health Administration (OSHA) U.S. standards. Ideal for workplaces that involve heavy manual labor where health and safety risks are a key concern such as manufacturing and supply chain, construction and engineering or automotive.

Governance, Risk, and Compliance: Helps organizations identify, remediate, monitor, and manage risk by streamlining governance and compliance initiatives. It deters employees from exploiting the system through clearer segregation of duties and more security features to prevent potential fraudulent activities.

In addition to the new applications, Oracle has also introduced major user experience enhancements and significant additions to existing Oracle HCM Cloud modules. The new user experience puts the needs and experiences of users at the center of the design in a way that’s consistent, simple, and intuitive. The new design delivers a warm and approachable HR tool that people can use—it’s fast, familiar, and easy—mirroring platforms they are accustomed to using everyday as consumers, but now appearing in enterprise applications. It provides a common experience across all devices, including mobile, so business information can be accessed at all times; meanwhile, the instinctive user experience enables seamless and simple interactions with artificial intelligence built in to provide users with customized recommendations so they only see data that is adapted for them, such as role, location, and business. Users can complete self-service transactions and inquiries to help maintain data accuracy in the system to increase user participation and engagement. The new contemporary look and feel also enables organizations to more easily make customizations to best match their brand, corporate culture, and other enterprise software—from logos to color schemes.

The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at www.oracle.com.

About Oracle OpenWorld

Oracle OpenWorld, the industry's most important business and technology conference for the past 20 years, hosts tens of thousands of in-person attendees as well as millions online. Dedicated to helping businesses leverage Cloud for their innovation and growth, the conference delivers deep insight into industry trends and breakthroughs driven by technology. Designed for attendees who want to connect, learn, explore and be inspired, Oracle OpenWorld offers more than 2,500 educational sessions led by more than 2,000 customers and partners sharing their experiences, first hand. With hundreds of demos and hands-on labs, plus exhibitions from more than 400 partners and customers from around the world, Oracle OpenWorld has become a showcase for leading cloud technologies, from Cloud Applications to Cloud Platform and Infrastructure. For more information; to register; or to watch Oracle OpenWorld keynotes, sessions, and more, visit www.oracle.com/openworld. Join the Oracle OpenWorld discussion on Twitter.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Safe Harbor

The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle’s products remains at the sole discretion of Oracle Corporation.

Statements in this article relating to Oracle’s future plans, expectations, beliefs, and intentions are “forward-looking statements” and are subject to material risks and uncertainties. Such statements are based on Oracle’s current expectations and assumptions, some of which are beyond Oracle’s control. All information in this article is current as of October 2, 2017 and Oracle undertakes no duty to update any statement in light of new information or future events.

Oracle has extended the Oracle Customer Experience (CX) Cloud Suite with a series of new innovations that connect data, experiences and insights. The latest enhancements include innovative artificial intelligence capabilities for commerce, marketing, sales, and service professionals. To further empower customer experience professionals, the latest release also includes innovations in commerce, customer service, and behavioral data, as well as an intuitive new user experience.

Customer expectations are skyrocketing and forcing a rethink of traditional approaches to commerce, customer service, marketing, and sales. To help customer experience professionals meet these expectations and successfully drive digital business transformation initiatives, Oracle CX Cloud Suite reduces IT complexity, provides innovative customer experiences, and delivers tangible business results. The latest enhancements include innovations within the commerce, marketing, sales, and service applications that make up the Oracle CX Cloud Suite.

New capabilities within Oracle CX Cloud Suite deliver the industry’s only enterprise grade B2B and B2C commerce platform. This extensible commerce platform delivers complete business flows for consumer shoppers and business buyers, enabling B2B and B2C online businesses—from a single user interface—to utilize industry-leading B2C functionality and experience, while also serving the complexity of B2B business models. For example, B2B and B2C commerce professionals can leverage the innovative platform to operate multiple sites from a unified UI. Native personalization capabilities further enhance and optimize the site experience for consumers and business buyers with targeted content and promotions by audience and A/B test for best performance.

Customer Service Innovations

New Internet of Things (IoT) capabilities enable proactive customer service and incident management by leveraging data produced by IoT-enabled smart consumer devices to capture and analyze real-time insights about the way customers interact with products and services. At the same time, enhanced knowledge management capabilities provide the context customer service professionals need to deliver consistent experiences across all service channels. In addition, new enterprise visual search capabilities further enhance the customer experience by enabling customers to discover what they are looking for without having to learn or find business-specific product names, make/model, category groupings, etc.

Behavioral Data Innovations

Next-generation data analytics capabilities make it possible for customer experience professionals to immediately understand and adapt to signals that individual customers are sending with their behaviors. The new streaming behavioral-data platform collects, connects, analyzes, and distributes behavioral data in real time to provide a complete and unified picture of how customers interact with a brand. This allows customer experience professionals to move beyond sampling techniques and benefit from a new 1-to-moment level of customer intent across any digital channel, which can be implemented in real time and at massive scale.

User Experience Innovations

A major refresh of the CX Cloud Suite user experience empowers customer experience professionals to quickly, easily, and securely access business information on any device, while remaining on one comprehensive and unified platform. The new user experience provides a contemporary look and feel and enables organizations to more easily make customizations to best match their brand, corporate culture, and other enterprise software—from logos to color schemes.

“Expectations are skyrocketing and to be successful in this new digital reality, organizations need to connect data, experience, and insights in order to rethink traditional approaches to customer experience management,” said Rondy Ng, senior vice president, Application Development, Oracle. “By taking an innovation-driven approach to software development, Oracle is uniquely placed to deliver the connected intelligence business professionals need to manage business transformation, while delivering tangible business results. The latest innovations within the Oracle CX Cloud Suite span our entire platform and empower organizations of all sizes to reduce IT complexity and deliver innovative customer experiences.”

The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at www.oracle.com.

About Oracle OpenWorld

Oracle OpenWorld, the industry's most important business and technology conference for the past 20 years, hosts tens of thousands of in-person attendees as well as millions online. Dedicated to helping businesses leverage Cloud for their innovation and growth, the conference delivers deep insight into industry trends and breakthroughs driven by technology. Designed for attendees who want to connect, learn, explore and be inspired, Oracle OpenWorld offers more than 2,500 educational sessions led by more than 2,000 customers and partners sharing their experiences, first hand. With hundreds of demos and hands-on labs, plus exhibitions from more than 400 partners and customers from around the world, Oracle OpenWorld has become a showcase for leading cloud technologies, from Cloud Applications to Cloud Platform and Infrastructure. For more information; to register; or to watch Oracle OpenWorld keynotes, sessions, and more, visit www.oracle.com/openworld. Join the Oracle OpenWorld discussion on Twitter.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Safe Harbor

The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle’s products remains at the sole discretion of Oracle Corporation.

Statements in this article relating to Oracle’s future plans, expectations, beliefs, and intentions are “forward-looking statements” and are subject to material risks and uncertainties. Such statements are based on Oracle’s current expectations and assumptions, some of which are beyond Oracle’s control. All information in this article is current as of October 2, 2017 and Oracle undertakes no duty to update any statement in light of new information or future events.

Oracle Launches Industry’s First Digital Data Offering for Channel Marketers
New Oracle Data Cloud Solution Empowers Channel Marketers to Achieve Their Business Goals by Reaching Their Audiences in a Natively Digital and Data-driven Way

Oracle OpenWorld, San Francisco, Calif.—Oct 2, 2017

Oracle today announced the launch of the first digital data offering designed to help B2B channel marketers connect with indirect sellers, value-added resellers, and distributors. The new Oracle Data Cloud digital channel solution enables tech companies and other channel marketers to personalize their communications about programs, investments, and incentives for thousands of channel partners, increasing partner engagement and effectiveness.

“To date, channel marketing has been underserved by the digital marketing industry,” said Niraj Deo, vice president of products, Oracle Data Cloud. “Despite their analog success, channel marketers have lacked the data they need to efficiently reach potential partners and resellers at scale in the digital medium. Through this solution, Oracle Data Cloud gives channel marketers robust data-driven capabilities to achieve their marketing goals. It also enables a modern programmatic data sharing capability, so channel marketers can make the most of partner incentives and investments.”

While channel marketers make significant investments in channel incentives and other marketing strategies, very little of that investment has been data driven and digital. The new Oracle Data Cloud channel marketing solution enables efficient and automated data sharing with large numbers of channel partners, thus improving downstream critical workflows, such as re-targeting and pipeline acceleration.

“Channel programs by definition will be distributed, regional and will involve thousands of channel partners,” said Jennifer Schulze, senior director, Product Marketing, GE Digital. “Most manufacturers might not have tailored data-driven marketing programs to address channel programs in an effective and efficient manner. Being able to reach partners digitally, in a targeted way, brings significant agility and efficiency to a manufacturer’s channel programs. Additionally, by being data driven, a manufacturer can now share data programmatically with and across partners, while remaining compliant and using modern marketing solutions for their channel led businesses.”

As part of its new digital channel solution, Oracle Data Cloud announced a partnership with Zyme, a leader in channel data management, to integrate its exclusive directory of global channel partners, resellers, and dealers. The Zyme directory is enriched with proprietary research that provides a strong data-driven foundation for cChannel mMarketing leaders to execute digital channel marketing programs.

“Zyme’s comprehensive and exclusive Channel Data Management and analytics capabilities now have a very large application in the form of Digital Marketing,” said Chandran Sankaran, CEO of Zyme. “We are very excited to work with Oracle Data Cloud to bring these unique data-driven solutions to customers. By leveraging Zyme’s leading channel solutions, our customers will be able to unlock efficiencies in otherwise disconnected workflows and enable data sharing using modern online marketing techniques.”

Leverages the scale and depth of the industry’s largest B2B and B2C audience data marketplace

Enables Account Based Marketing in both digital programmatic and social activation channels

Offers coverage across 25,000 large tier-one channel companies through Oracle’s account-based marketing (ABM) solution, with future coverage expected to expand to more than one million channel companies worldwide

Provides more than 700 B2B data categories, supported by thousands of B2C categories, to enable comprehensive channel marketing across B2B, B2B2B, and B2B2C.

“Sixty-five percent of B2B organizations include indirect channels and partners in their go-to-market strategy, yet the digital and account-based marketing strategies of those organizations often do not account for this reality,” said Maria Chien, service director of Channel Marketing Strategies at SiriusDecisions. “Effective partner communications require a continuous, conscious effort to increase partner engagement through thoughtful timing, delivery, and messaging. Suppliers should add a method of segmentation to their programs that allows them to identify and concentrate their resources, money, time and effort on marketing both to and through partners with the potential to grow revenue and value"

The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at www.oracle.com.

About Oracle OpenWorld

Oracle OpenWorld, the industry's most important business and technology conference for the past 20 years, hosts tens of thousands of in-person attendees as well as millions online. Dedicated to helping businesses leverage Cloud for their innovation and growth, the conference delivers deep insight into industry trends and breakthroughs driven by technology. Designed for attendees who want to connect, learn, explore and be inspired, Oracle OpenWorld offers more than 2,500 educational sessions led by more than 2,000 customers and partners sharing their experiences, first hand. With hundreds of demos and hands-on labs, plus exhibitions from more than 400 partners and customers from around the world, Oracle OpenWorld has become a showcase for leading cloud technologies, from Cloud Applications to Cloud Platform and Infrastructure. For more information; to register; or to watch Oracle OpenWorld keynotes, sessions, and more, visit www.oracle.com/openworld. Join the Oracle OpenWorld discussion on Twitter.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Safe Harbor

The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle Corporation.

Statements in this article relating to Oracle’s future plans, expectations, beliefs, and intentions are “forward-looking statements” and are subject to material risks and uncertainties. Such statements are based on Oracle’s current expectations and assumptions, some of which are beyond Oracle’s control. All information in this article is current as of October 2, 2017 and Oracle undertakes no duty to update any statement in light of new information or future events.

“We embarked on a transformation with Oracle to unify and offer the best possible customer experience. People’s behavior is evolving very rapidly and as premium brand, one of our most important objectives is providing a seamless and engaging customer experience. Of course we evaluated different platforms, but our final decision went in favor of Oracle as we were also guided by the opportunity to access a suite of cloud solutions that will allow us to optimize our digital transformation in the customer experience” said Arrigo Berni, Chairman of the Board Moleskine srl.

Moleskine offers a range of over 750 products that are available in over 90 countries through 23,000 points of sale: from paper notebooks to state-of-the-art digital notebooks, from bags to travelling accessories, books to device holders and more. With Oracle CX Cloud Suite, Moleskine will be able to shift its e-commerce from a local and independent approach to a unified global site.

“Our sustainable growth trajectory relies on our relentless focus on delivering new, innovative concepts, experiences and products to our loyal customers. As net revenues in e-commerce continue to grow, Moleskine saw an opportunity to establish better operating platforms with global reach and scale that allows us to execute a more integrated marketing plan to support product launches,” said Gaia Franceschini, Head of Digital, Moleskine srl.

Moleskine rolled out its first website in May 2017 in Hong Kong using Oracle Commerce Cloud. Oracle partnered with Eurostep, the Ecommerce and Digital provider, which implemented the site within eight weeks and then quickly went on to expand their e-commerce footprint to over 35 countries in 10 languages with 15 different local currencies in a mere seven months. With Oracle Commerce Cloud, Moleskine will be able to leverage a configurable, customizable storefront to enable its globally distributed team to work with modern business tools, localized content and currency support.

In addition to Oracle Commerce Cloud, Moleskine will also leverage Oracle Marketing Cloud to support omni-channel customer journeys.

Oracle CX Cloud Suite has provided the brand’s e-commerce, digital, marketing and sales operations teams with a global platform to showcase new products, underline brand identity and always be on the same page as the loyal Moleskine community.

“In today’s dynamic retail environment, brands need to be able to deliver seamless, personalized and immediate experiences across all devices and touch points,” said Rondy Ng, Senior Vice President, Applications Development, Oracle. “Moleskine has built an incredibly powerful brand and we are pleased to be able to help the Moleskine team build on that success in order to drive innovation and business transformation on a global scale.”

The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at www.oracle.com.

About Oracle OpenWorld

Oracle OpenWorld, the industry’s most important business and technology conference for the past 20 years, hosts tens of thousands of in-person attendees as well as millions online. Dedicated to helping businesses leverage Cloud for their innovation and growth, the conference delivers deep insight into industry trends and breakthroughs driven by technology. Designed for attendees who want to connect, learn, explore and be inspired, Oracle OpenWorld offers more than 2,500 educational sessions led by more than 2,000 customers and partners sharing their experiences, first hand. With hundreds of demos and hands-on labs, plus exhibitions from more than 400 partners and customers from around the world, Oracle OpenWorld has become a showcase for leading cloud technologies, from Cloud Applications to Cloud Platform and Infrastructure. For more information; to register; or to watch Oracle OpenWorld keynotes, sessions, and more, visit www.oracle.com/openworld. Join the Oracle OpenWorld discussion on Twitter.

Safe Harbor

The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle’s products remains at the sole discretion of Oracle Corporation.

Statements in this article relating to Oracle’s future plans, expectations, beliefs, and intentions are “forward-looking statements” and are subject to material risks and uncertainties. Such statements are based on Oracle’s current expectations and assumptions, some of which are beyond Oracle’s control. All information in this article is current as of October 2, 2017 and Oracle undertakes no duty to update any statement in light of new information or future events.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Today, Oracle announced that Gap Inc. has deployed Oracle Retail Merchandising Foundation Cloud Service, Oracle Retail Merchandising Insights Cloud Service, Oracle Retail Integration Cloud Service and Oracle Retail Store Inventory Management running on the Oracle Cloud to drive end-to-end operational efficiencies and empower the business teams of the INTERMIX brand. Gap Inc. is a leading global retailer offering clothing, accessories, and personal care products for men, women, and children under the Gap, Banana Republic, Old Navy, Athleta, INTERMIX and Weddington Way brands.

As a long-standing customer of Oracle, Gap Inc. sought to build on its experience and maintain a consistent merchandising platform to simplify operations, allowing INTERMIX to take advantage of the dynamic, state-of-the-art functionality and technology offered in the Oracle Retail Cloud Service. Oracle Retail Merchandising Foundation Cloud Service with Oracle Retail Integration Cloud Service empowers merchants to synchronize end-to-end merchandising operations from buying to inventory valuation—driving to a single version of the truth. Daily tasks such as purchase order approval and sales auditing are efficient and effective with exception-based dashboard notifications and alerts.

Through its modern analytics interface and exception-based reporting, Oracle Retail Merchandising Insights Cloud Service leverages the value of the merchandising data and identifies actionable opportunities across product, price, promotion and placement.

“This investment marks the first step on a journey to adopting cloud technology across our global operations. We chose Oracle Retail Cloud Services to synchronize our global initiatives and deliver state of the art functionality to INTERMIX,” said Paul Chapman, Chief Information Officer, Gap Inc. “The INTERMIX team is inspired by the potential of the solutions. They look forward to new capabilities and insights delivered by the Oracle Retail solutions.”

“Over the last six months, my team worked closely with the Oracle Retail Development, Solution Management and Consulting teams to deploy the solution from strategic planning to go-live.

Throughout the whole process the teams functioned in tight partnership and tackled any challenges that arose. The excellent work for INTERMIX has given us the confidence to continue our journey to the cloud with Oracle,” said Chapman.

INTERMIX curates the most sought-after styles from a compelling and edited mix of both established and emerging designers. INTERMIX delivers a highly-personalized shopping experience across its 40 stores in North America, and each boutique’s assortment of merchandise is hand-selected to reflect the nuances of its neighborhood. Complimentary personal stylists are on hand to work one-on-one with clients to create looks that perfectly serve their lifestyle needs.

“We are thrilled to announce the adoption of Oracle Retail Cloud Services by Gap Inc. Gap Inc. is a long standing and valued partner of Oracle Retail,” said Ray Carlin, Senior Vice President and General Manager, Oracle Retail. “Oracle Retail Cloud services are decreasing implementation times for brands of all sizes and we look forward to seeing what Gap Inc. can accomplish with their new cloud perspective of inventory.”

Oracle provides retailers with a complete, open, and integrated suite of best-of-breed business applications, cloud services, and hardware that are engineered to work together and empower commerce. Leading fashion, grocery, and specialty retailers use Oracle solutions to anticipate market changes, simplify operations and inspire authentic brand interactions. For more information, visit our website at www.oracle.com/retail.

About Oracle

The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at www.oracle.com.

About Oracle OpenWorld

Oracle OpenWorld, the industry's most important business and technology conference for the past 20 years, hosts tens of thousands of in-person attendees as well as millions online. Dedicated to helping businesses leverage Cloud for their innovation and growth, the conference delivers deep insight into industry trends and breakthroughs driven by technology. Designed for attendees who want to connect, learn, explore and be inspired, Oracle OpenWorld offers more than 2,500 educational sessions led by more than 2,000 customers and partners sharing their experiences, first hand. With hundreds of demos and hands-on labs, plus exhibitions from more than 400 partners and customers from around the world, Oracle OpenWorld has become a showcase for leading cloud technologies, from Cloud Applications to Cloud Platform and Infrastructure. For more information; to register; or to watch Oracle OpenWorld keynotes, sessions, and more, visit www.oracle.com/openworld. Join the Oracle OpenWorld discussion on Twitter.

Safe Harbor

The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle’s products remains at the sole discretion of Oracle Corporation.

Statements in this article relating to Oracle’s future plans, expectations, beliefs, and intentions are “forward-looking statements” and are subject to material risks and uncertainties. Such statements are based on Oracle’s current expectations and assumptions, some of which are beyond Oracle’s control. All information in this article is current as of October 2, 2017 and Oracle undertakes no duty to update any statement in light of new information or future events.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Today, Oracle announced momentum for its open banking initiative, which includes a comprehensive set of PaaS capabilities as well as an open API framework enabling banks and fintechs to collaborate on a common cloud platform. This digital innovation platform for open banking enables the development and deployment of fintech capabilities on a single platform in the public cloud.

In today’s marketplace, open banking is no longer an aspirational goal, it is a necessity for any financial institution. Factors such as the global rise of fintechs, increasing pressure from European regulatory bodies and the need to create operational efficiencies have further heightened its importance. In fact, according to a survey by Roubini ThoughtLab entitled “Wealth and Asset Management 2022: The Path to Digital Leadership”, open banking architectures are expected to grow by 28 percent over the next several years.

Oracle’s solution for open banking collaboration affords financial institutions the opportunity to secure data, algorithms and services through an open API model. Now more than ever, the banking industry relies on a digital-first marketplace, and Oracle equips customers with a best-in-class open banking solution that will expedite innovation.

“The Oracle digital innovation platform for open banking enables banks to achieve business goals by speeding up their innovation cycle and time to monetization through a digital-first foundation,” said Sanjay Mathew, senior director of Oracle’s Industry Solution Group. "This digital innovation platform, which now offers Blockchain Cloud Services, is powered by the technology and expertise customers expect from Oracle, while bringing a growing catalog of APIs and fintech innovators to solve real business problems in the financial services ecosystem.”

The Oracle digital innovation platform for open banking combines an agile development environment that aligns with an extensive catalog of services, such as lending, payments and predictive analytics. The platform comes with an extensive fintech collaborator ecosystem that seamlessly interoperates via APIs and enables financial institutions to rapidly assemble, enable and digitize services. Through this offering, Oracle blends its tech-first expertise and deep financial services acumen with unparalleled cloud technology and offerings.

Collaboration with Fintechs and Financial Institutions

“A collaborative community of banks and fintech channels will be key to the monetization of the API economy,” said Rik De Deyn, Oracle senior director. “We are delighted to embark on this journey with such industry leaders as Barclays and others who embraced Oracle’s open API catalog and ecosystem of banking services.” Marc Pettican, managing director for Barclays Commercial Payments, said: “Barclays is excited to collaborate with the Oracle open banking community.”

Some of the other global fintech partners who have joined the Oracle open banking ecosystem include Biz2Credit, IPsoft and the TAS Group.

Biz2Credit

“Biz2Credit’s goal is to automate the credit availability and decisioning in the commercial loan space. Artificial intelligence data and cloud leadership expertise within Oracle’s open banking ecosystem and marketplace will enable financial institutions to rapidly digitize their lending and risk monitoring capabilities,” said Patrick Cunningham, managing director for global sales at Biz2Credit.

IPsoft

IPsoft makes it possible to transform business performance through the employment of digital automation. Every day IPsoft automates thousands of IT and business processes for enterprises across a wide range of industries.

"Oracle and IPsoft are collaborating to transform banking. Our vision calls for helping banks usher in ‘truly digital open banking’ - banking on your fingertips, anytime and anywhere, accessible via mobile platforms with immediate transactions and approvals,” said IPsoft CTO Deepak Dube. “Financial Risk Profiler (FRP) is the first of many building blocks to follow that are powered by Oracle tech. Oracle has significant presence in the financial vertical and IPsoft's sophisticated machine learning will continue to collaborate with Oracle's infrastructure to transform banking."

TAS Group
TAS Group specializes in credit, debit and prepaid card solutions for issuers, acquirers and merchants as well as infrastructure and gateways used for developing payment systems.

“Oracle platforms for on premises and public cloud are proven for core processing,” said Alain Vansnick, group vice president for TAS. “Oracle's Digital Innovation Platform is the ideal marketing, sales and deployment platform for TAS Group. The digital innovation platform for open banking gives TAS Solutions the flexibility and scalability that our customers require.”

Customers can learn more about the digital innovation platform for open banking at OpenWorld 2017. At Oracle OpenWorld, Oracle will showcase the art of creating next generation digital innovations within open banking, Fintech APIS, Oracle SAAS APIS and Bank APIs in the marketplace.

The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at oracle.com.

About Oracle PartnerNetwork

Oracle PartnerNetwork (OPN) is Oracle's partner program that provides partners with a differentiated advantage to develop, sell and implement Oracle solutions. OPN offers resources to train and support specialized knowledge of Oracle’s products and solutions and has evolved to recognize Oracle’s growing product portfolio, partner base and business opportunity. Key to the latest enhancements to OPN is the ability for partners to be recognized and rewarded for their investment in Oracle Cloud. Partners engaging with Oracle will be able to differentiate their Oracle Cloud expertise and success with customers through the OPN Cloud program – an innovative program that complements existing OPN program levels with tiers of recognition and progressive benefits for partners working with Oracle Cloud. To find out more visit: http://www.oracle.com/partners.

Safe Harbor Disclaimer

The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle Corporation.

Statements in this article relating to Oracle’s future plans, expectations, beliefs, and intentions are “forward-looking statements” and are subject to material risks and uncertainties. Such statements are based on Oracle’s current expectations and assumptions, some of which are beyond Oracle’s control. All information in this article is current as of October 2, 2017 and Oracle undertakes no duty to update any statement in light of new information or future events.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

At Oracle OpenWorld 2017, Oracle Chairman of the Board and CTO Larry Ellison unveiled his vision for the world’s first autonomous database cloud. Powered by Oracle Database 18c, the next generation of the industry-leading database, Oracle Autonomous Database Cloud uses ground-breaking machine learning to enable automation that eliminates human labor, human error and manual tuning, to enable unprecedented availability, high performance and security at a much lower cost.

“This is the most important thing we’ve done in a long, long time,” said Ellison. “The automation does everything. We can guarantee availability of 99.995 percent, less than 30 minutes of planned or unplanned downtime.”

The Oracle Autonomous Database Cloud eliminates the human labor associated with tuning, patching, updating and maintaining the database and includes the following capabilities:

Self-Repairing: Provides automated protection from downtime. SLA guarantees 99.995 percent reliability and availability, which reduces costly planned and unplanned downtime to less than 30-minutes per year.

The Oracle Autonomous Database Cloud handles many different workload styles, including transactions, mixed workloads, data warehouses, graph analytics, departmental applications, document stores and IoT. The first Autonomous Database Cloud offering, for data warehouse workloads, is planned to be available in calendar year 2017.

Oracle Autonomous Data Warehouse Cloud

Oracle Autonomous Data Warehouse Cloud is a next-generation cloud service built on the self-driving Oracle Autonomous Database technology using machine learning to deliver unprecedented performance, reliability and ease of deployment for data warehouses. As an autonomous cloud service, it eliminates error-prone manual management tasks and frees up DBA resources, which can now be applied to implementing more strategic business projects.

“Every organization is trying to leverage the overwhelming amount of data generated in our digital economy,” said Carl Olofson, research vice president, IDC. “With a history of established leadership in the database software market segment, it is no surprise that Oracle is pioneering a next-generation data management platform. Oracle Autonomous Data Warehouse Cloud is designed to deliver industry-leading database technology performance with unmatched flexibility, enterprise scale and simplicity. The intent is to ensure that businesses get more value from their data and modernize how data is managed.”

Instant Elasticity: Oracle Autonomous Data Warehouse Cloud allocates new data warehouses of any size in seconds and scales compute and storage resources independently of one another with no downtime. Elasticity enables customers to pay for exactly the resources that the database workloads require as they grow and shrink.

The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at www.oracle.com.

About Oracle OpenWorld

Oracle OpenWorld, the industry's most important business and technology conference for the past 20 years, hosts tens of thousands of in-person attendees as well as millions online. Dedicated to helping businesses leverage Cloud for their innovation and growth, the conference delivers deep insight into industry trends and breakthroughs driven by technology. Designed for attendees who want to connect, learn, explore and be inspired, Oracle OpenWorld offers more than 2,500 educational sessions led by more than 2,000 customers and partners sharing their experiences, first hand. With hundreds of demos and hands-on labs, plus exhibitions from more than 400 partners and customers from around the world, Oracle OpenWorld has become a showcase for leading cloud technologies, from Cloud Applications to Cloud Platform and Infrastructure. For more information; to register; or to watch Oracle OpenWorld keynotes, sessions, and more, visit www.oracle.com/openworld. Join the Oracle OpenWorld discussion on Twitter.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Safe Harbor

The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, timing and price of any features or functionality described for Oracle's products may change and remains at the sole discretion of Oracle Corporation. Fees apply for new Database product offerings.

Statements in this article relating to Oracle’s future plans, expectations, beliefs, and intentions are “forward-looking statements” and are subject to material risks and uncertainties. Such statements are based on Oracle’s current expectations and assumptions, some of which are beyond Oracle’s control. All information in this article is current as of October 2, 2017 and Oracle undertakes no duty to update any statement in light of new information or future events.

Oracle Exadata is an Engineered System designed to be the ideal platform for all database workloads. It features scale-out, database optimized compute, InfiniBand networking, and smart storage for fastest performance and low costs. Specialized algorithms vastly accelerate all types of database processing including OLTP, Analytics, and Consolidation. Exadata’s full-stack automation and optimization of all components slashes the need for skilled human labor, enabling reduced costs and improved reliability. Exadata’s simplicity, scalability, and reliability make it the foundation for the recently announced Oracle Autonomous Database Cloud.

Today, Exadata powers 4 out of 5 of the world’s biggest banks, telecoms, and retailers. Exadata can be deployed on-premises, in Oracle Cloud, or using Oracle’s unique Cloud at Customer.

Additionally, Ethernet network bandwidth has increased by 150 percent from 10 to 25 Gigabits per second, while memory capacity and performance have increased by 50 percent. Overall, Exadata X7 database applications can realize 20 to 40 percent improvement in performance for OLTP, analytics and mixed workloads.

New Exadata Smart Software

Exadata’s end-to-end smart software has the unique ability to coordinate and optimize application performance across database servers, networking, and storage. Because Oracle owns and controls the entire stack of Exadata hardware and software technologies, functionality has been tailored to recognize different application workloads, prioritize operations in real time, and run database queries in both compute and storage servers. Every Exadata release increases these advantages.

Also announced today are new Exadata software innovations that extend the power of Oracle’s in-memory database technology to the large capacity of Exadata NVMe Flash storage, enabling analytic workloads to achieve in-memory performance against extremely large data sets in shared storage. With this breakthrough, the same vector processing algorithms that make in-memory databases so fast in DRAM are applied to accelerate OLTP or Analytic databases by automatically creating a columnar formatted cache in Exadata Flash storage, boosting analytics by up to 400 percent.

New Exadata software also delivers in-memory performance from shared storage for OLTP workloads. Exadata software now automatically uses DRAM as a cache in storage to speed-up access to data by up to 250 percent, as compared to already-fast Flash access times. Unique algorithms automatically coordinate between database server and storage server memory caches to avoid redundant caching of the same data. This feature cannot be implemented by conventional storage.

“Exadata continues to innovate faster than any other database or storage platform,” said Juan Loaiza, senior vice president of systems technology, Oracle. “Exadata’s scale-out, smart storage architecture was the first to support PCI/NVMe flash in 2014, with Exadata X5, the first to offload database queries to storage and the only platform to deliver in-memory performance from shared storage for OLTP and Analytics. Exadata is the only database platform to have on-premises, public cloud and Cloud at Customer deployment options.”

The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe, and Asia. For more information about Oracle (NYSE:ORCL), please visit us at oracle.com.

About Oracle OpenWorld

Oracle OpenWorld, the industry's most important business and technology conference for the past 20 years, hosts tens of thousands of in-person attendees as well as millions online. Dedicated to helping businesses leverage Cloud for their innovation and growth, the conference delivers deep insight into industry trends and breakthroughs driven by technology. Designed for attendees who want to connect, learn, explore and be inspired, Oracle OpenWorld offers more than 2,500 educational sessions led by more than 2,000 customers and partners sharing their experiences, first hand. With hundreds of demos and hands-on labs, plus exhibitions from more than 400 partners and customers from around the world, Oracle OpenWorld has become a showcase for leading cloud technologies, from Cloud Applications to Cloud Platform and Infrastructure. For more information; to register; or to watch Oracle OpenWorld keynotes, sessions, and more, visit www.oracle.com/openworld. Join the Oracle OpenWorld discussion on Twitter.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Safe Harbor Disclaimer

The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle Corporation.

Statements in this article relating to Oracle’s future plans, expectations, beliefs, and intentions are “forward-looking statements” and are subject to material risks and uncertainties. Such statements are based on Oracle’s current expectations and assumptions, some of which are beyond Oracle’s control. All information in this article is current as of October 2, 2017 and Oracle undertakes no duty to update any statement in light of new information or future events.

With total automation based on machine learning, Oracle Autonomous Database Cloud eliminates the human labor required to manage a database by enabling a database to automatically upgrade, patch and tune itself while running. With no more scope for human error or requirements for human performance testing, Oracle is able to minimize costly planned and unplanned downtime to less than 30 minutes a year and guarantee that organizations can cut their costs in half compared to Amazon.

Ellison also shared benchmark test results during short demonstrations that highlighted the huge performance gap between Oracle Database on Oracle Cloud and Oracle Database running on Amazon’s best Oracle Database Cloud Service, Amazon Relational Database Service (RDS). The direct comparison also highlighted the difference between Amazon’s 99.95 percent reliability and availability SLAs, which exclude most sources of unplanned and planned downtime, and Oracle’s 99.995 percent SLA guarantees.

Quotes from Larry Ellison’s keynote presentation:

“Now, I don't use the word revolutionary new technology every year here at Oracle OpenWorld. We don't -- you know, because there aren't that many revolutionary new technologies. But this one is.”

“This thing is truly elastic, instantaneously elastic. So you never provision more resource than you need. It really is on-demand computing.”

“These are not Oracle went out and made up the most ridiculous demos to make Amazon look bad they could come up with. These are datasets that we actually used for stress testing, and performance testing, and validating our database.”

“Amazon is five to eight times more expensive running the identical workload than the Oracle Autonomous Database.”

“We guarantee you contractually to cut your Amazon bill in half. It's fairly easy when you're five to eight times faster. We feel pretty comfortable.”

“It's not unusual for our competitors to use our technology. Amazon knows this. They are one of the biggest Oracle users on the planet Earth. SAP is one of the biggest users of Oracle on Earth.”

“Bring-your-own-license to PaaS applies to all of our PaaS services. Not just database, but also middleware, also analytics. These are dramatic price reductions.”

“You'll see a migration, an evolution of database skills, where you're focused more on database design, schema design, different kinds of data analytics including machine learning, setting the policies as to what is mission critical, what requires disaster recovery, figuring out those policies.”

The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at www.oracle.com.

About Oracle OpenWorld

Oracle OpenWorld, the industry's most important business and technology conference for the past 20 years, hosts tens of thousands of in-person attendees as well as millions online. Dedicated to helping businesses leverage Cloud for their innovation and growth, the conference delivers deep insight into industry trends and breakthroughs driven by technology. Designed for attendees who want to connect, learn, explore and be inspired, Oracle OpenWorld offers more than 2,500 educational sessions led by more than 2,000 customers and partners sharing their experiences, first hand. With hundreds of demos and hands-on labs, plus exhibitions from more than 400 partners and customers from around the world, Oracle OpenWorld has become a showcase for leading cloud technologies, from Cloud Applications to Cloud Platform and Infrastructure. For more information; to register; or to watch Oracle OpenWorld keynotes, sessions, and more, visit
www.oracle.com/openworld. Join the Oracle OpenWorld discussion on Twitter.

Safe Harbor Disclaimer

The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, timing and price of any features or functionality described for Oracle's products may change and remains at the sole discretion of Oracle Corporation. Fees apply for new Database product offerings.

Statements in this article relating to Oracle’s future plans, expectations, beliefs, and intentions are “forward-looking statements” and are subject to material risks and uncertainties. Such statements are based on Oracle’s current expectations and assumptions, some of which are beyond Oracle’s control. All information in this article is current as of October 1, 2017 and Oracle undertakes no duty to update any statement in light of new information or future events.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Oracle PartnerNetwork (OPN), today announced that the company continues to see strong cloud leadership and momentum across its 25,000-member strong partner program. Companies are increasingly looking to the cloud to stay competitive and enable business transformation. Since its launch in February 2016, more than 2,600 unique partners have joined the Oracle PartnerNetwork Cloud Program. Additionally, cloud resell revenue from partners increased 105 percent year over year.

Further helping customers and partners succeed in the cloud, OPN also today announced the Oracle Cloud Excellence Implementer Program. Please see the release here.

“Oracle continues to deliver the programs and enablement resources that help our partners to grow and thrive in the cloud,” said Dave Donatelli, executive vice president, Cloud Business Group, Oracle. “Through Oracle PartnerNetwork, we work in tandem with partners to provide customers with the solutions and services needed to take advantage of Oracle’s state-of-the-art cloud platform.”

With Oracle’s complete and integrated cloud, customers can choose their own personalized path for how they want to move to cloud and partners are a critical part of that journey. Nearly half of all partners in the OPN program today implement, develop and sell in the cloud with Oracle.

Providing ISVs a Platform for Success

For independent software vendors (ISVs), selecting the right cloud platform, and the right cloud partner, are critical decisions for their business. ISVs and application developers must balance the requirements of their current businesses and implementations with the need to invest in innovative new architectures, modern cloud capabilities, and flexible deployment models. With Oracle’s broad collection of available PaaS and IaaS services, we are delivering on the most comprehensive portfolio of cloud services and capabilities for developers, as well as programs, resources, and commercial models that meet both immediate business needs and longer-term growth objectives.

From startups to enterprise application providers, hundreds of partners worldwide are realizing the many benefits of migrating their applications and customers to Oracle Cloud Platform and Infrastructure, including 1Check, Manhattan Associates, Wexlog and many others.

“Oracle’s commitment to partners is clear—we both win when we work together,” said Jeff Cashman, senior vice president of business development, Manhattan Associates. “We are excited to collaborate with Oracle in bringing state-of-the-art cloud solutions to companies of all sizes.”

Oracle is investing in innovative new services and capabilities with Docker and Kubernetes, which has captured the attention of cloud application developers at Dial-Once, RECVUE, and SuiteBox among others.

Through the Oracle Cloud Marketplace, partners can expand the visibility of their applications to 425,000+ Oracle customers and partners. PS Technology, Stromasys and Symantec are a few of the 4,000+ cloud application providers leveraging Oracle programs and go to market resources to grow their business and expand into new markets.

New OPN Enablement Resources

Also launched today, the Cloud Excellence Implementer Program (CEI) helps customers make a smooth transition to the cloud through Oracle implementation partners. The new program recognizes and rewards those partners who have invested in building their Oracle Cloud expertise and demonstrate a proven track record for delivering high quality cloud implementation projects across Oracle’s customer base. With the CEI distinction, partners that work with Oracle to implement Oracle Cloud around the globe will be able to further differentiate themselves in the marketplace, and benefit from increased enablement and go-to-market support from Oracle. In tandem, customers will be able to more easily identify partners with the specific expertise and proven track record they need to successfully navigate their transition to the cloud.

The CEI program is available to OPN members now and will initially focus on implementations for Oracle’s SaaS Cloud services.

Driving Cloud Momentum for MSPs

Unveiled at OpenWorld 2016, the Oracle Cloud Managed Service Provider (MSP) program enables customers to speed up success in the cloud with support from the right partner and platform. The program is available to partners with the skills and infrastructure to build, deploy, run and manage both Oracle and non-Oracle workloads, enabling OPN members to offer a complete managed service solution for workloads running on Oracle Cloud.

The Oracle Cloud MSP Program most recently includes Fujitsu America Inc., which just announced a new MSP relationship to provide Oracle Cloud to its customers in the Americas.

“There is a breadth of opportunity for all partners—regardless of partner type—to expand your solution portfolios with Oracle Cloud,” said Penny Philpot, group vice president of worldwide channels and alliances, Oracle. “Our primary focus is working together with partners to transform our customers’ businesses and support their growth in the cloud.”

Oracle is one of the only cloud providers to deliver complete industry-leading product portfolios across Software-as-a-Service (SaaS), Platform-as-a-Service (PaaS), Infrastructure-as-a-Service (IaaS), and Data-as-a-Service (DaaS). Its SaaS portfolio features the broadest set of solutions in the marketplace, which can be extended, enriched and customized through Oracle PaaS and delivered on Oracle IaaS for high performance, security, scale and availability. In addition, Data as a Service (DaaS) complements our existing SaaS applications with one of the world’s largest third-party data sources with more than six billion anonymized profiles from online data, websites, and offline transactions for every major industry.

The Oracle Cloud delivers hundreds of SaaS applications and enterprise-class PaaS and IaaS services to customers in more than 195 countries and territories while processing 55 billion transactions a day. For more information about Oracle (NYSE:ORCL), please visit us at www.oracle.com.

About Oracle PartnerNetwork

Oracle PartnerNetwork (OPN) is Oracle's partner program that provides partners with a differentiated advantage to develop, sell and implement Oracle solutions. OPN offers resources to train and support specialized knowledge of Oracle’s products and solutions and has evolved to recognize Oracle’s growing product portfolio, partner base and business opportunity. Key to the latest enhancements to OPN is the ability for partners to be recognized and rewarded for their investment in Oracle Cloud. Partners engaging with Oracle will be able to differentiate their Oracle Cloud expertise and success with customers through the OPN Cloud program – an innovative program that complements existing OPN program levels with tiers of recognition and progressive benefits for partners working with Oracle Cloud. To find out more visit: http://www.oracle.com/partners.

About Oracle OpenWorld

Oracle OpenWorld, the industry's most important business and technology conference for the past 20 years, hosts tens of thousands of in-person attendees as well as millions online. Dedicated to helping businesses leverage Cloud for their innovation and growth, the conference delivers deep insight into industry trends and breakthroughs driven by technology. Designed for attendees who want to connect, learn, explore and be inspired, Oracle OpenWorld offers more than 2,500 educational sessions led by more than 2,000 customers and partners sharing their experiences, first hand. With hundreds of demos and hands-on labs, plus exhibitions from more than 400 partners and customers from around the world, Oracle OpenWorld has become a showcase for leading cloud technologies, from Cloud Applications to Cloud Platform and Infrastructure. For more information; to register; or to watch Oracle OpenWorld keynotes, sessions, and more, visit www.oracle.com/openworld. Join the Oracle OpenWorld discussion on Twitter.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Safe Harbor

The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle Corporation.

Statements in this article relating to Oracle’s future plans, expectations, beliefs, and intentions are “forward-looking statements” and are subject to material risks and uncertainties. Such statements are based on Oracle’s current expectations and assumptions, some of which are beyond Oracle’s control. All information in this article is current as of October 1, 2017 and Oracle undertakes no duty to update any statement in light of new information or future events.

Oracle is committed to delivering spectacular customer experiences across the Oracle Cloud portfolio. This applies to the entire customer lifecycle, but the implementation phase—including investment in the support and services our customers need—is particularly critical to customer success and satisfaction.

The CEI program was developed to provide customers with a clear, objective and informative view of partner qualifications for implementing Oracle SaaS solutions. Through the OPN Solutions Catalog, customers are now able to easily identify and engage with partner firms that best align to their specific project needs. Access to this information helps customers minimize implementation risk, quickly adopt new cloud functionality, and continuously expand their Oracle Cloud footprint.

Partners may qualify for CEI status with individual Oracle cloud service module(s) within defined geographies, and must meet a rigorous set of entry and ongoing engagement criteria in order to remain in the program. Firms that achieve CEI status will be able to further differentiate themselves in the market and receive the highest level of benefits and deeper engagement with Oracle.

“The cloud continues to represent a tremendous opportunity not only for our customers, but also for our partner community,” said Camillo Speroni, Vice President of Worldwide Strategic Alliances, Oracle. “As such, we remain committed to providing the intelligence and resources both parties need to make this transition as smooth and successful as possible. The CEI program was designed to recognize and support those partners that not only offer a marked expertise in Oracle Cloud solutions, but also a commitment to excellence in ensuring successful customer experiences and outcomes throughout the entire implementation process.”

The CEI program officially launched at Oracle OpenWorld during the OPN Central Keynote, where Oracle executives outlined Oracle’s cloud direction and strategy. The partner application process opened on June 28, 2017. A full list of CEI partners can be found on the Oracle PartnerNetwork portal.

“As a regional partner with hubs in North America, Europe and ASEAN, the Oracle Cloud Excellence Implementer program is an opportunity for us to showcase our specific expertise in Oracle Cloud implementations, giving us the ability to compete with larger global organizations within the scope and geography we specialize in,” said Andy Bird, Founder and CEO, Inoapps. “We are thrilled that this new program recognizes implementation success and customer satisfaction—rather than focusing on only sales statistics—and allows us to set ourselves apart in the market as a proven leader in Oracle Cloud implementations.”

Oracle PartnerNetwork (OPN) is Oracle's partner program that provides partners with a differentiated advantage to develop, sell and implement Oracle solutions. OPN offers resources to train and support specialized knowledge of Oracle’s products and solutions and has evolved to recognize Oracle’s growing product portfolio, partner base and business opportunity. Key to the latest enhancements to OPN is the ability for partners to be recognized and rewarded for their investment in Oracle Cloud. Partners engaging with Oracle will be able to differentiate their Oracle Cloud expertise and success with customers through the OPN Cloud program—an innovative program that complements existing OPN program levels with tiers of recognition and progressive benefits for partners working with Oracle Cloud.

The Oracle Cloud delivers hundreds of SaaS applications and enterprise-class PaaS and IaaS services to customers in more than 195 countries and territories while processing 55 billion transactions a day. For more information about Oracle (NYSE:ORCL), please visit us at www.oracle.com.

About Oracle OpenWorld

Oracle OpenWorld, the industry's most important business and technology conference for the past 20 years, hosts tens of thousands of in-person attendees as well as millions online. Dedicated to helping businesses leverage Cloud for their innovation and growth, the conference delivers deep insight into industry trends and breakthroughs driven by technology. Designed for attendees who want to connect, learn, explore and be inspired, Oracle OpenWorld offers more than 2,500 educational sessions led by more than 2,000 customers and partners sharing their experiences, first hand. With hundreds of demos and hands-on labs, plus exhibitions from more than 400 partners and customers from around the world, Oracle OpenWorld has become a showcase for leading cloud technologies, from Cloud Applications to Cloud Platform and Infrastructure. For more information; to register; or to watch Oracle OpenWorld keynotes, sessions, and more, visit www.oracle.com/openworld. Join the Oracle OpenWorld discussion on Twitter.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Safe Harbor

The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle Corporation.

Statements in this article relating to Oracle’s future plans, expectations, beliefs, and intentions are “forward-looking statements” and are subject to material risks and uncertainties. Such statements are based on Oracle’s current expectations and assumptions, some of which are beyond Oracle’s control. All information in this article is current as of October 1, 2017 and Oracle undertakes no duty to update any statement in light of new information or future events.

This weekend, Oracle welcomes tens of thousands of customers and partners spanning 175 countries and over 18 million live-stream viewers to Oracle OpenWorld 2017. Located at San Francisco’s newly redesigned Moscone Center, conference events will span multiple venues in the city’s downtown from October 1-5. Heralded as the industry’s most important business and technology show, Oracle OpenWorld delivers unprecedented opportunities to hear from the greatest minds across all event programming, including actor and director Joseph Gordon-Levitt, former United States Senator Barbara Boxer, Executive Consultant for the Los Angeles Clippers Jerry West, former Secretary of Defense Leon Panetta, and President of the Council on Foreign Relations Richard Haass.

On Sunday, Oracle CTO and Executive Chairman Larry Ellison opens the event with a special keynote showcasing all of the innovations delivered in the Oracle Cloud. Mainstage presentations will continue throughout the week, featuring Ellison, Oracle CEO Mark Hurd, and Oracle President of Product Development Thomas Kurian. Leaders from the world’s most interesting brands, including Carbon, Trek, FexEx and Gap, will join Oracle executives on stage to discuss pressing topics impacting business and technology today and in the future.

This year, Oracle OpenWorld brings innovation to learning through a new series of session formats developed in collaboration with Stanford University, as well as reimagined exhibition halls. The conference’s latest iteration of “Collective Learning” features cutting edge session designs, including: Brain Snacks, 1:1 conversations with fellow experts, and Make Your Case, hands-on workshops tackling the best Oracle case studies. Oracle OpenWorld Exchange, the conference’s redesigned exhibition hall, debuts to foster community, spark learning, promote innovation, and unite our customers, partners, and attendees.

“As we raise the curtain on Oracle OpenWorld 2017, we welcome more than 60,000 customers and partners to learn about transforming their business with Oracle Cloud,” said Judy Sim, Oracle’s Chief Marketing Officer. “The event has evolved as our customers’ needs have changed and is now one of the leading technology conferences in the world. Today, we are thrilled to bring a positive economic impact worth more than $3 billion to the City of San Francisco over the last 20 years.”

To Learn and Explore:

Sessions: Tap into an elite network of world-class speakers totaling 67,500+ years of industry experience. Select from 2,311 sessions presented by 3,048 customer and partner speakers, more than 523 Oracle demos and case studies showcasing emerging technology, as well as hundreds of partner and customer exhibitions.

Oracle CTO and Executive Chairman Larry Ellison opens the conference with an inside look at the future of Oracle Cloud and its innovation path.

Doug Fisher, Senior Vice President and General Manager, Software and Services Group, Intel, presents the power of data, and how data offers massive enterprise-class cloud computing opportunities.

Monday, October 2, 9:00 a.m. – 10:15 p.m.

Oracle CEO Mark Hurd reveals where we are now and where we are headed in a cloud foundational world. Joining him on stage will be leaders from Oracle customers Bloom Energy, FedEx and Gap.

Tuesday, October 3

9:00 a.m. – 11:00 a.m. – Oracle President of Product Development Thomas Kurian and Dave Donatelli, Oracle Executive Vice President, Cloud Business Group, showcase how Oracle Cloud is harnessing the power of emerging technologies like artificial intelligence, Internet of Things, and blockchain to transform organizations of all sizes. They will be joined by Richard Noble, Director of the Bloodhound Project, an inspiring initiative that engages the next generation in science, technology, engineering and math by aiming to surpass the world land speed record.

Oracle CEO Mark Hurd returns to the mainstage with NetSuite’s Executive Vice President of Development Evan Goldberg and special guests, to discuss the role technology plays in getting ahead of the competition.

Oracle’s Leader’s Circle: Connect with luminaries on industry trends, foreign affairs, economics and security at this exclusive, invitation-only executive program hosted by Oracle CEOs Safra Catz and Mark Hurd. Join Senator Barbara Boxer and Newt Gingrich, 50th Speaker of the U.S. House of Representatives for a provocative discussion about the future of the United States.

Oracle Code Event: Join developers from around the world in this one-day event covering machine learning, chatbots, cloud, databases, programming languages, DevOps, and much more.

Oracle NetSuite SuiteConnect: The best of SuiteWorld comes to Oracle OpenWorld for the first time. Held on October 4, this program features NetSuite users, Oracle executives, product experts and partners.

To Support the Community and Environment:

Oracle Academy’s JavaOne4Kids: Designed for children ages 10-16, attendees can use Raspberry Pi and Java programming to catch escaped Pokemon; create a robot and bring it to life; make computer games using Greenfoot and Stride; among other fun activities. Oracle Academy is one of Oracle’s key investments in our collective future. In fiscal year 2016, the program impacted over 3.5 million students in 120 countries through $3.75 billion in direct and in-direct resources.

Plant a Billion Trees: Learn how The Nature Conservancy and Oracle Giving are helping to advance reforestation globally. As part of its participation in The Nature Conservancy’s Plant a Billion trees initiative, Oracle has already achieved 41 percent of its goal to plant one million trees.

Dian Fossey Gorilla Fund International: Discover how Oracle Cloud is helping to save the gorillas. Get a sneak peek of an upcoming National Geographic three-part special on Dian Fossey’s life and work as a gorilla conservationist. Hear from Tara Stoinski, President, CEO and Chief Scientific Officer of the Dian Fossey Gorilla Fund about its 27-year partnership with Oracle, and how Oracle Cloud technology has enabled the organization to revolutionize its data management and make its database – the world’s largest, most comprehensive collection of data on a wild great ape population – available to scientists, researchers and students without charge.

Ride for a Reason: Support the victims of the recent hurricanes by choosing Lyft for Oracle OpenWorld transportation. Between October 1-5, five percent of the cost of rides will be donated to the American Red Cross. Enter code OOW17 using a Lyft business profile.

To Connect and Play:

Oracle CloudFest.17: Dance the night away with Grammy award winners The Chainsmokers and sing along with pop sensation Ellie Goulding at Oracle’s legendary customer appreciation event taking place on October 4 at AT&T Park.

SuiteConnect NextUp: Celebrate the day’s experiences at a special concert with Royal Machines, joined by “special guests” on October 3 at Howard Street mainstage.

The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at www.oracle.com.

About Oracle OpenWorld

Oracle OpenWorld, the industry's most important business and technology conference for the past 20 years, hosts tens of thousands of in-person attendees as well as millions online. Dedicated to helping businesses leverage Cloud for their innovation and growth, the conference delivers deep insight into industry trends and breakthroughs driven by technology. Designed for attendees who want to connect, learn, explore and be inspired, Oracle OpenWorld offers more than 2,500 educational sessions led by more than 2,000 customers and partners sharing their experiences, first hand. With hundreds of demos and hands-on labs, plus exhibitions from more than 400 partners and customers from around the world, Oracle OpenWorld has become a showcase for leading cloud technologies, from Cloud Applications to Cloud Platform and Infrastructure. For more information; to register; or to watch Oracle OpenWorld keynotes, sessions, and more, visit www.oracle.com/openworld. Join the Oracle OpenWorld discussion on Twitter.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Oracle today announced Oracle Live Experience Cloud, a customer engagement service for the mobile generation. With the mobile and digital landscape shaping the way customers interact with businesses, companies must quickly adapt to changing expectations to deliver frictionless, real-time, contextual experiences across channels. With Oracle Live Experience Cloud, users can address these new requirements and bring a new dimension to their mobile and business applications by being able to serve customers in the way that best meets their needs, be it HD voice, HD video, screen sharing, and annotations.

As such, businesses will have the ability to quickly resolve customer issues, drive greater customer loyalty, and increase satisfaction by engaging users on the right channel at the right time. Agents will also be empowered to deliver better customer experiences by having access to contextual customer data and insights, cutting call times and limiting customer frustration.

“Nearly 70% of IT and business leaders say ‘improving customer experience’ is the goal of their digital transformation initiative, and advancements in the contact center are crucial to success,” says Robin Gareiss, president of Nemertes Research1. “Successful digital transformation requires short time to market. By leveraging a cloud-based solution, organizations can start seeing improvements in CSAT scores, revenue, and customer retention immediately. What’s more, the ability to retain context across channels from within the native app is a huge development and will dramatically boost customer satisfaction.”

A recent Oracle report titled “The Future of Enterprise Communications: The Cloud Redefines Customer Experience” noted that while 65 percent of companies agree communications embedded within cloud applications will become the dominant way of communicating with employees, suppliers and customers, many currently lack the ability to do so effectively. Oracle Live Experience Cloud enables embedded contextual data and business analytics so users can easily switch between channels without losing key information already shared. Regardless of the customer’s preferred channel, the user will enjoy a more streamlined experience while the business gains valuable customer insights that can be leveraged within its core business applications.

“Nothing is more aggravating than dealing with a call center or service desk where you are stuck in a long, dehumanized loop of menu options with a slow resolution,” said Doug Suriano, senior vice president, general manager, Oracle Communications. “With Oracle Live Experience Cloud, businesses can eliminate customer friction points by harnessing the power of contextual communications and real-time engagement capabilities to offer a personalized and highly interactive digital experience that builds customer loyalty and improves business outcomes.”

A cloud-native solution, Oracle Live Experience Cloud can be easily integrated into web and mobile apps and used to proactively engage customers at key moments of their individual journey. It modernizes existing Call Center and CRM solutions, supporting enterprise digital transformation efforts employees to deliver contextual and responsive cross-channel engagements that satisfy the customer and ultimately drive sales. Finally, businesses can optimize engagement success by measuring interactions in real-time and provisioning updates to further improve overall business results.

The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at oracle.com.

Safe Harbor

The preceding is intended to outline our general product direction. It is intended for information purposes only and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality and should not be relied upon in making purchasing decisions. The development, release and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle Corporation.

Oracle today announced that Commonwealth Edison (ComEd) and Baltimore Gas and Electric (BGE) will be presented with the 2017 Oracle Sustainability Innovation Awards at Oracle OpenWorld. The awards recognize customers that are committed to making environmental issues a priority across the enterprise. ComEd and BGE showcased unique ways to advance energy efficiency through innovative green practices using Oracle technology. ComEd leadership was distinguished by earning the 2017 Oracle Chief Sustainability Office of the Year award among all nominations.

“We are inspired by the successes achieved by ComEd and BGE as part of their core commitments to a sustainable future. Both companies have implemented Oracle technologies in a way that improved eco-efficiencies, innovation and transparency,” said Rodger Smith, senior vice president and general manager, Oracle Utilities. “We’re honored to present them with the 2017 Oracle Sustainability Innovation Award during Oracle OpenWorld this year.”

Both companies have made significant impact by employing the Oracle Utilities Opower Energy Efficiency solution. The solution includes Home Energy Reports (HERs) and online web tools that provide customers with information about their energy consumption, thereby encouraging conservation. Since 2009, ComEd has generated over 1.1 TWh in energy savings; BGE has used the program since 2012 to save 420,000 MWh. The two organizations have also successfully implemented Peak Management programs, which encourage customers to reduce their energy consumption when electricity demand is high. Because of this BGE has reduced peak demand by 16 percent for participating customers, and ComEd has reduced Greenhouse gases by 10 percent.

“We’re delighted to be recognized for our commitment to sustainable practices,” said Mark Case, vice president of Regulatory Policy and Strategy for BGE who leads energy efficiency initiatives for Exelon’s utilities. “We’ve seen great success and look forward to continuing to work with Oracle to drive energy efficiency.”

“At ComEd, we believe that meeting the energy needs of today and tomorrow will depend heavily on our ability to collaborate with our customers,” Val Jensen, senior vice president, Customer Operations at ComEd. “Working with Oracle gives us more opportunities to leverage data-driven insights and engage with our customers to drive energy efficiency.”

The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe, and Asia. For more information about Oracle, please visit us at www.oracle.com.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.